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Hi Mittenator. Thanks for the reply. My perception of fair value will most likely change as the good news continues to flow through. A fair price today is likely to be a dire one in 6 months time!! I am just focussing on facts. How many disappointing / bad news RNS's has ARB issued? Zero!!! Mining figures have been exceptional. Deals with suppliers are sound and will put us in an even stronger position. Everything seems to have gone according to plan so far. Everything company decision has made sense. The fundraisings, green BTC, Pluto, Texas, NASDAQ (sorry for mentioning it), EVEN directors selling share during their 'window of opportunity'. I would have done the same!! In fact, I did with my own business many years ago!!
And so the fall in the SP has absolutely nothing to do with how this company is run. In fact, I am more bullish than ever! I intend sitting on my hands and I will not be sucked in to selling just because people are shorting the stock.
Thumbs up to Blubay. :-) I have added another 10k over the last two days, averaging down again. Ended up reducing one of my other ISA share holdings to release the funds for ARB. I thought the upside is better with here than with my other holding!! Especially now!! I think I'm supposed to finish off with IMO!!!
"Barney, I’m interested what you think is fair value SP. Do tell, pretty please, with sugar on top. Be our secret ... ssshh"
Barney's right though, recent trading figures, trends and basic fundamentals for this business value its prospects way above the SP. Might take six months or a week on the bounce but it has to be a steal at £1.40. I'd hold for double that.
PS. to save you the research, Barney previously said he averaged down his holding to £2.15 on 60k shares until fully committed, so presumably target was well north of that ;-)
Barney, I’m interested what you think is fair value SP. Do tell, pretty please, with sugar on top. Be our secret ... ssshh
My pleasure PhildePain. :-)
Totally agree. The SP does not reflect the facts. It's ridiculous. These are stone wall facts!!!! ARB are mining 175 to 200 BTC per month at $56k on a GP of c. 84%. So roughly c. $10m per month net profit, with more miners lined up. The current market cap does not reflect this level of profitability. Not even close!!! Nor does it reflect any of the other initiatives which have been well documented. I have not sold a single share and have no intention of doing so until I think it reaches fair value. A figure I am not going to quote for fear of being called a ramper!!
Matt007. Good luck to your son!!
I don’t think the sentiment is that we’re out of the bear cycle yet. Once BTC stabilises and rises, we’ll see the SP climb back to £2. Could be in a fortnight, a week, a day or in the next hour!!! Lol
Arbkf at 2.05, moving strong.
Last post, promise.
No shorter can drive down the price just by taking a short period i.e being that the price will Go down.
No, actually they have to persuade you to sell and that's what forces the price down so when they close their position, essentially they've taken you money.
It's a cruel reality that people can will do this, but fortunately they only feed on the weak. So be strong.
Gla sincerely
Thanks Barny.
I'm on my phone with sausage fingers so loads of typos.
I reckon the shorts have finished and have moved on.
When a stock price goes that quickly up everyone hope to get rich and probably over extends.
When you've invested that amount is easy to feel anxious, but just remember a steady growth is sometime s better..... It doesn't attract the predators.
Stay calm everyone.
There's a distance between Predator and prey here. If you meet some of these doom mongerers in the pub, you'd most likely say. ...... He's a !!!!!!! But here you believe them.
Just hold of you can
Hi PhildePain. "Can a premium member post, so we can see the live price?"
These are the current MM Level 2 prices. Obviously it's changing by the seconds!! Probably by the time Iive clicked on 'Post Message'.
Depth 9
14:58 SING 15,000 140
14:51 WINS 15,000 138
14:04 CFEP 15,000 135
14:52 JBER 15,000 135
11:39 MREX 15,000 135
14:59 SCAP 15,000 133
14:38 CANA 10,000 130
08:23 FCAP 10,000 115
14:57 PEEL 15,000 103
9 Depth
143 15,000 PEEL 14:57
143 15,000 SCAP 14:59
145 15,000 JBER 14:52
148 15,000 WINS 14:51
150 10,000 CANA 14:38
150 15,000 SING 14:58
155 15,000 CFEP 14:04
155 10,000 FCAP 08:23
155 15,000 MREX 11:39
In.
Can a premium member post, so we can see the live price?
Shorters come in packs to prey on the weak. We'll see if they're here by the room mongering, with a twist of US jargon
I’m sitting on my hands here. Not sure this manipulation is over yet.
Just some factual information. What have you got?
Boring....
" getting ready to buy the dip" "
" last opportunity to buy this cheap" etc
People said this when we were 300p!!!!
ARBKF going to open lower 1.86-1.92
Might be a shake downward from here for us. I'm getting ready to buy if the drop comes.